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Mooresville, IN FHA Loans in Indiana

FHA loans differ from conventional loans in a number of ways. The down payment required for an FHA-insured loan is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.

 

FHA loans offer Mooresville, IN residents several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3-5%. The FHA is also more flexible in calculating factors to determine whether or not to approve the loan, factors such as household income and repayment ratios.

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Mooresville, Indiana News
Social briefs -- Nov. 29, 2008

The Morgan County Scholarship Fair will be held Wednesday, from 5:30 to 7:30 p.m., at the Mooresville High School cafeteria.


Stationa s goal is a a Truckload of Christmasa

The lobby of radio station WCBK-FM is starting to look a lot like one of Santa Claus' warehouses.


Men found their deals, too ...

Early morning sales at Lowe's Home Improvement Warehouse in Mooresville and Menards in Camby, showed that men can be as ruthless as women when it comes to finding good deals on Christmas presents.


The chamber is more than just networking

Although a primary reason the chamber of commerce exists is to promote business relationships in the community, the chamber also plays many other key roles in the community, as is spelled out in its mission ...


Area briefs a " Nov. 26, 2008

Concerned Citizens of Gregg Township is sponsoring a free open house and Senior Citzens Dinner from noon to 4 p.m. Dec 13, at 4972 West Sims Lane, in Monrovia.


Erin Cole receives a Realizing the Dreama award

Erin Cole of Mooresville is the recipient of the Manchester College "Realizing the Dream" award.


Mooresville Police Oct. 13 to 19, 2008

Mooresville Police made 23 traffic stops. Medical problems reported on East High Street, Brooklyn Meadows, and Pineview Drive.


Morgan County EMS Association elects officers

Members of Morgan County EMS Association met in regular session Nov. 18. The meeting was called to order by Steve Brock, president of the organization.


Building projects decision rests with community

It was an emotional meeting Thursday for people on both sides of the Mooresville school building and renovation project.


Speed networking brings big returns

Members and guests of the Mooresville Chamber of Commerce were advised to bring their business cards and company pamphlets this month - in preparation for a new, but effective concept.


Spiritual side to Mooresville's Black Widow

MOORESVILLE, Ind. -- Jeanette Lee, arguably the world's most recognizable pool player, often refers to herself by her nickname, the Black Widow.


Man charged in one shooting incident

A Mooresville man has been booked into the Morgan County Jail on a charge of criminal recklessness with a weapon after a man was shot Wednesday night on Foxhill Drive.


Learning Land preschool enjoys activities

The Learning Land Preschool students visited the "Let's Pretend" hospital at St.


Mong celebrates 100th birthday

The family of Roy Mong is hosting an open house Saturday at the Mooresville Free Methodist Church, located on Star Lane, from noon to 4 p.m. Anyone is invited to come and join Roy in celebrating his 100th ...


Wabash Valley Region Ivy Tech releases Deana s List

The Wabash Valley Region Ivy Tech Community College has released its Dean's List for the 2008 summer semester.


Mooresville Senior Center trip to Argosy is Nov. 20

We had a great time at the United Methodist Church chili and craft day. All the booths were set up so nicely on Saturday, and the chili was good, too.


Wife of judge charged with driving while intoxicated

The wife of Morgan County Superior Court II Judge Christopher Burnham has been charged with operating a vehicle while intoxicated and operating a vehicle with a blood alcohol content of .08 percent.


Emergency Planning Committee to meet Wednesday

The Morgan County Local Emergency Planning Committee will meet at 7 p.m. Wednesday, Nov.


Hanging up, handing over

For 30 years, Margie and Bob Detty have offered personal service and professionalism to their fur and leather customers.


Bus replacement bids accepted for MCSC

In honor of Veterans Day, school board president Phil Wright of the Mooresville Consolidated School Corporation began the monthly meeting Tuesday by thanking all veterans in the audience.


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